The Battalion. (College Station, Tex.) 1893-current, August 08, 1973, Image 12

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    University Cleaners & Laundry
Alterations • Repairs • Insignia
112 N. Main
846-6615
North Gate
Friendly Personal Service
College Station, Texas
Wednesday, August 8, 1973
THE BATTAU
Phase IV Squeeze On Oil Supply See
HOUSTON — M. A. Wright,
chairman and chief executive of
Exxon USA, expressed concern
Monday about the effect proposed
Phase IV price controls may
have on the availability of for
eign heating oil and other distil-
v .„ , French's ROYAL TOT
Xh 110 ROYAL BRYAN
"".'•vC' & WEE AGGIELAND Schools
ANDERSON AT VILLAGE COLLEGE STATION
State Licensed
French’s Royal Tot
OPENS AUG. 20 822-0391
KINDERGARTEN 5 YEARS • PRE- KINDERGARTEN 3-4 YEARS •
PRIVATE FIRST GRADE
NURSERY SCHOOL 2-5 YEARS
late supplies in the United States
this coming winter.
Wright pointed out that the
United States will need an esti
mated average of at least 500,000
barrels per day of foreign heat
ing oil and other distillates, or
about 15 percent of sales, to
avoid shortages during the win
ter season. “But,” Wright said,
“proposed Phase IV regulations
would have the effect of discour
aging the importation of foreign
heating oil required to meet con
sumer needs.”
Wright noted that cargoes of
foreign heating oil, imported to
New England priced at world
market levels, currently cost a
cargo reseller about 23<; 1 a gallon
or about 10t* a gallon over his
price-controlled selling price for
domestic heating oil. “As pro
posed, Phase IV rules would re
strict importers and their retail
er customers from passing on to
consumers the higher cost of for
eign oil,” Wright said. “Under
such conditions, it would be un
likely that sufficient quantities
of imported heating oil and other
distillates would be purchased to
meet winter requirements, much
Wright concluded that there is
a great need for as much flexi
bility and incentive as practicable
to compete in the world market
for the supplies available in the
unstable and changing energy
situation. To do this, all levels
in the petroleum disti
chain — manufacturers,!*
retailers — must havens
that they will be able to
their costs of acquiring!
plies for American com
less to provide for the urgently-
needed summer buildup of heat
ing oil inventories.”
FRESHMAN
AVOID ANY POSSIBLE BOOK SHORTAGE.
WE WILL RESERVE THOSE THAT YOU NEED
AT NO EXTRA CHARGE.
FILL IN THE RESERVED FORM AND MAIL TO:
TEXAS AGGIE BOOKSTORE
327 UNIVERSITY DRIVE
COLLEGE STATION, TEXAS 77840
NAME:
ADDRESS:
CITY, STATE:
CUT OUT AND RETURN
COURSE
1
ZIP:
MAJOR:
NO.
COURSE NO.
, - .
If you’re a
student
at Texas A&M
p
_ ,
i
you re going
a long way.
We can help you get there
With the services of a
full-service bank.
With travel accommodations.
• checking accounts
• A&M special checking accounts
with no service charge
• Golden Passbook Savings paying
5% interest
• personalized checks
• convenient drive-in windows
• new car loans for seniors
• Worldwide Banking Service
• travel counsel
• free ticket delivery
• 30-day charge
• international travel planning
• assistance with visa/passport
• lodging reservations
• rental car arrangements
THE BANK OF A&M
Highway 6 South/College Station
Telephone: 846-5721
A&M TRAVEL SERVICE
member/fdic
in the lobby of the Bank of A&M
Telephone: 846-8881
T
“The U.S. petroleum industry
is operating at a delicate balance
between supply and demand. The
supply situation this coming win
ter can be sharply affected by
small adverse changes in such
factors as weather, crude oil sup
ply, and equipment breakdowns.
In addition, longer supply lines
and limited tanker availability
make necessary increasingly
longer leadtimes to line up sup
plies. It is thus important that
there be no deterrent to building
inventories throughout the in
dustry,” Wright added.
Korean Geophysicists Grad
Students Receive Scholars!
Scholarships have been award
ed two A&M geophysics graduate
students by the Korean American
Oil Co., Inc.
Recipients are Sung Jin Yang
and Sub Bok Byun. They are
working with Dr. Anthony Gangi
of the Geophysics Department on
graduate degrees.
The awards of $5,090 each pro
vide tuition, fees, living and edu
cational expenses and computer
funds.
Early
American
Design Trend Seen
Fall furnishing trends will see
’73 fashions take a firm hold
with billowy, pillowy, upholstered
pieces to echo the return to com
fort.
Patricia A. Bradshaw, housing
and home furnishings specialist,
A&M’s Texas Agricultural Ex
tension Service, reviewed other
trends with a look toward prog
ress of Oriental and Early Amer-
ding, spatter painting, crayon
marking and smudging is com
mon. A low sheen is used on a
highly distressed finish.”
Noting that furnishing trends
effect themselves over a longer
span of time than other trends,
the specialist forecast a life of
several years — with new varia
tions each season — for today’s
trends.
“These are generous
ships; however, Mr. Ik
Mr. Yang are outstani
dents and highly deser
these awards,” Gang! sa\
The graduate students
Korean Government Sdn
for their previous two
study here. Graduates
Seoul National Universr
degrees in mining enp
they came to A&M tosto
mic exploration mette
hope to use to find oil
Korean continental shelf
Byun expects to comfi
M.S. degree this summei
studying adaptive filteritf
ods and has applied then
mic data. He and Gangii
a paper on the work at
ciety of Exploration G«
meeting in Mexico Cityll
Yang, who also expects
plete the master’s this
studying “velocity spectn
niques. These were ap;
seismic data donated tot
physics Department byh
isiana Land and Oil Co.
Both students plan on
ing toward Ph.D. degrees
research areas with Ganp
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ican influence.
“Resurgence of Colonial-Early
American-Federal styles is tied
to the upcoming bicentennial, so
we can expect this trend to hold
at least until 1976,” she predicted.
“Oriental overtones are seen
especially in accent furniture.
Tables in antiqued-color finishes
can fit into any decor. Rattan and
wicker frames appear on many
furniture pieces.
“French provincial, Mediter
ranean, English and German
styles also are featured, as are
the country styles derived from
English and French designs.”
Citing texture and color as still
important, Miss Bradshaw de
scribed fabrics ranging from
smooth nylons, flocked suedes,
hopsacking, tufted velvet, and
Olefins to matelasses and Italian
antelope.
“Colors in new hues are smoke,
wine, gold, asparagus and ceru
lean.
“In paint finishes, antique yel
lows and whites continue with
contrasting stripes and glaze
finish for richness and dimension.
“Wood furniture is in middle
tones — with overtones carefully
highlighted.
“To produce antique effects,
distressing by hand color pad-
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Hal
Special Student Section
4 Students $57.40 ea.
BA r
Separate Family & Adult Areas
2 Laundry Rooms
2 Swimming Pools
Covered Parking
All Bills Paid & TV Cable
505 Hwy. 30 — College Station
Phone 846-6111 Office
Omf/iyette
l^asUo i
EIQ&cfouHUCA.
associate store
Next To
Gibson’s
10:00 - 7:00
Mon. - Sat.
Owned & Operated By Santronics
REDMOND TERRACE SHOPPING CENTER
Your Only Complete Electronics Dealer Within Walking Distance
Of The A&M Campus Welcomes You To “Aggie Country” And Invites
You To Visit Us For The Best In HI-FI Stereo And Quadraphonic Systems;
CB Gear; Antennas; Speakers; Turntables; Tape Decks; Cassette, 8-Track,
And Open Reel Magnetic Tape, Recorders, Walkie Talkies, Headphones,
Amateur Receivers, And A Whole Host of Electronic Parts.
We feature Such Well-Known Brands As Akai, Sanyo, Lafayette,
Dual, Garrard, General Electric, Calectro, Sprague, Universal, And RMS.
Look For Us In The Mall Of Redmond Terrace Shopping Center
Across The Street From The New Holiday Inn On Highway 6.